Asset manager Janus Henderson Group is set to be acquired by Trian Fund Management and General Catalyst Group Management in a $7.4bn all-cash deal. Trian currently holds 20.6% of Janus Henderson’s shares and will partner with General Catalyst in this transaction, offering $49 per share to shareholders, an 18% premium. The acquisition is expected to be completed in mid-2026 pending regulatory approvals and shareholder consent. Janus Henderson will become a private company under existing management, maintaining offices in London and Denver. The board approved the transaction based on a Special Committee’s unanimous recommendation after evaluating the offer. The deal will be financed by Trian, General Catalyst, and a group of investors including Qatar Investment Authority and MassMutual. Trian CEO Nelson Peltz expressed optimism about the partnership, highlighting the opportunity to invest in technology and client services. The acquisition marks a strategic move for Janus Henderson, following its purchase of Victory Park Capital Advisors last year.

Read more at Yahoo Finance: Trian, General Catalyst to acquire Janus Henderson in $7.4bn deal